IndigoVision Group - Completion of Acquisition by Bidco
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE 16 June 2020
RECOMMENDED CASH ACQUISITION
a wholly owned subsidiary of
COMPLETION OF ACQUISITION BY BIDCO
The boards of IndigoVision and Bidco are pleased to announce that, further to the announcement dated
Dealings in IndigoVision Shares have been suspended from trading on AIM with effect from
As a result of the Scheme having become effective, share certificates in respect of IndigoVision Shares have ceased to be valid documents of title and entitlements to IndigoVision Shares held in uncertificated form in CREST are being cancelled.
Scheme Shareholders who were on the register of members of IndigoVision at the Scheme Record Time, being
Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Scheme document sent to IndigoVision Shareholders on
Media Contacts; Brittany Kelly
+1 224 246 3914
Investor Contacts: Tim Yocum
+1 847 576 6899
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finnCap (financial adviser to Motorola Solutions/Bidco)
+44 (0) 207 220 0500
Stuart Andrews / Marc Milmo / Kate Washington
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+44 (0) 131 475 7200
Pedro Simoes / Chris Lea
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N+1 Singer (Rule 3 adviser, Nominated Adviser and Broker to IndigoVision)
+44 (0) 207 496 3000
Mark Taylor / Ben Farrow / Amanda Gray
finnCap Ltd, which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for Motorola Solutions and Bidco and no-one else in connection with the Acquisition and will not be responsible to anyone other than Motorola Solutions and Bidco for providing the protections afforded to clients of finnCap nor for providing advice in relation to the Acquisition or any other matter referred to in this Announcement.
N+1 Singer, which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively as financial adviser and nominated adviser to IndigoVision and no-one else in connection with the Acquisition and will not be responsible to anyone other than IndigoVision for providing the protections afforded to clients of N+1 Singer nor for providing advice in connection with the Acquisition or any other matter referred to in this Announcement.
This Announcement is for information purposes only and does not constitute an offer to sell or an invitation to purchase any securities or the solicitation of an offer to buy any securities pursuant to the Acquisition or otherwise. The Acquisition will be made solely by means of the Scheme which will contain the full terms and conditions of the Acquisition, including details of how to vote in respect of the Acquisition.
This Announcement has been prepared for the purposes of complying with English law, Scots law, the Code and the AIM Rules and the information disclosed may not be the same as that which would have been disclosed if this Announcement had been prepared in accordance with the laws of any jurisdiction outside the United Kingdom.
This Announcement does not constitute a prospectus or prospectus exempted document.
No person should construe the contents of this Announcement as legal, financial or tax advice and any interested person should consult its own adviser in connection with such matters.
Publication on a website
Pursuant to Rule 26.1 of the Code, a copy of this Announcement and other documents in connection with the Scheme will, subject to certain restrictions, be available for inspection on www.motorolasolutions.com/investors and www.indigovision.com/investors no later than 12 noon (London time) on the Business Day following this Announcement. The contents of the websites referred to in this Announcement are not incorporated into, and do not form part of, this Announcement.
Request for hard copy
If you have received this Announcement in electronic form or by it being published on IndigoVision's website, you can obtain a hard copy of this Announcement by contacting
If you are in any doubt about the contents of this Announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor or independent financial adviser duly authorised under the
This information is provided by RNS, the news service of the
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